3i, LP and Affiliates Exit Filing for Vision Marine Technologies Inc.
3i, LP, 3i Management LLC, and Maier Joshua Tarlow have filed a Schedule 13G to report their exit from beneficial ownership of Vision Marine Technologies Inc. common shares. The filing indicates that the Reporting Persons previously held approximately 8.5% of the outstanding common shares due to 3i's participation in an offering. However, all issuer securities deemed beneficially owned by the Reporting Persons as a consequence of the offering have since been disposed of. As of the filing date, 3i holds warrants exercisable for up to 40,000 common shares, which it has the power to vote and dispose of. 3i Management LLC, as the manager and general partner of 3i, and Maier Joshua Tarlow, as the manager of 3i Management, share this power. The filing also includes a Joint Filing Agreement pursuant to Rule 13d-1(k), acknowledging that the statement is filed on behalf of each of the undersigned and that all subsequent amendments will be filed jointly.